From Startup to Scaleup

From Startup to Scaleup

June 10, 2026 · 32 min · Season 4 · Episode 4

About this episode

Stephen Ottaway discusses his journey of scaling Korvus Technology from a small team to a growing business.

In this episode of Made to Grow, Rich Dale is joined by Stephen Ottaway, Managing Director of Korvus Technology, for an honest conversation about what it actually takes to grow a small manufacturer from a standing start into a scaling business. Korvus has grown from half a million pounds in revenue and a team of four to nearly four million pounds and eighteen people in just a couple of years. Stephen shares the decisions behind that journey — the bold early investment in sales and marketing, the challenge of building process and culture as headcount grows, and why getting the right people in the right roles makes the difference between a business that flourishes and one that stutters. About Our Guest Stephen Ottaway is Managing Director of Korvus Technology, a UK-based scientific instruments manufacturer specialising in physical vapour deposition tools for research and development applications across academia, semiconductor research, medical devices and green energy technology. Stephen joined Korvus in late 2022 when the business had fewer than four employees and was operating at a loss. Drawing on a background in technical sales, operations and an executive MBA from Henley…

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